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    Monroe, WA
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    Monroe, WA NNN Properties for Sale

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    Snohomish, WA Duvall, WA Woodinville, WA Sultan, WA Lakewood, WA Lake Stevens, WA Everett, WA Mill Creek, WA
    Single-Tenant Veterinary Clinic
    Updated: Jul 8
    Single-Tenant Veterinary Clinic

    121 S Ferry Ave, Monroe, WA 98272

    $1,570,000
    3,500 sqft
    3,500 SF single‑tenant veterinary clinic in Monroe, WA, fully occupied by NVA dba Cascade Animal Hospital
    Triple‑net (NNN) lease runs through September 2028 with full corporate guarantee
    7.20% cap rate; current NOI is $113,156; offered at $1,570,000 ($448.57/SF)
    Annual rent escalations are the greater of 2% or CPI; landlord responsibility limited to structural replacement only
    Adjacent parking included in base rent and secured by a recorded easement that transfers to future owners
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    See what stands out in Snohomish County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Monroe, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Building Industrial Warehouse Property
    Two-Building Industrial Warehouse Property

    14045 Midvale, Shoreline, WA 98133

    $2,000,000
    8,000 sqft 0.41 AC lot

    Two freestanding metal buildings are separately leased and supported by secured access and individually metered utilities.

    View details
    Walgreens Drug Store with Drive-Through
    Walgreens Drug Store with Drive-Through

    17524 Aurora Avenue N, Shoreline, WA 98133

    Contact for pricing

    The property features a brick facade, surface parking, and drive-thru pharmacy utility.

    View details
    Free-Standing Restaurant with Absolute NNN Lease
    Free-Standing Restaurant with Absolute NNN Lease

    3321 184th St SW, Lynnwood, WA 98037

    Contact for pricing

    Fully remodeled freestanding restaurant building on an absolute NNN lease across from Alderwood Mall.

    View details
    Lynnwood Raising Cane's Ground Lease
    Lynnwood Raising Cane's Ground Lease

    1232 164th St SW, Lynnwood, WA 98087

    Contact for pricing

    Corporate Raising Cane’s on 15-year absolute NNN ground lease.

    View details

    Monroe, WA Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Monroe, WA on our real estate platform. These investment opportunities span a total of 3,500 square feet of properties for sale, with an estimated market value of $1,570,000.

    Sale prices for triple net lease properties in Monroe, WA average $1,570,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 32K
    Population Growth (5Y) +2.0%
    Median Household Income $115,894
    College Educated 36.8%

    High-Yield Neighborhoods for Investment

    Identify Monroe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98272 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 0.75%
    Property Tax per SF $4.68 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Monroe fall within the 10,000 to 25,000 square foot range.

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